FAQ's: Your Questions Answered
Motorcycle Accident FAQs
If you were fortunate enough to salvage your motorcycle after an accident, it will never be worth the same amount of money as it would have been prior to the accident. With today’s technology, any consumer or motorcycle dealership can search a number of websites and discover exactly what repairs were made. What insurance companies don’t like to tell you is that you may be entitled to money for value lost. If your motorcycle has been in an accident and repaired, it is possible that you can file a Diminished Value (DV) claim.
Diminished value, or DV, refers to the lost value of a motorcycle that has been involved in an accident and subsequently repaired. In many cases, the damages to a motorcycle can be so severe that it cannot be sold as a “certified used motorcycle” and can reduce the sale value by as much as 40%. Find out today if your motorcycle has suffered diminished value. It is possible you are entitled to recoup for those losses.
A diminished value claim is simply a claim brought against an at-fault automobile insurance company for loss of value to a repaired motorcycle. You may be entitled to more than just the repairs on your bike.
Call Dan Newlin Injury Attorneys at 800-257-1822. By answering a few simple questions, our experts will determine if you have a valid diminished value claim. Insurance companies will tell you that you do not have the right to pursue a claim beyond repairs for your damaged motorcycle. THEY ARE WRONG! Following the court ruling of McHale v. Farm Bureau Mutual Insurance Company, Florida law upholds that insurance companies are responsible for compensating for diminished value.
Let us send our experts out immediately to evaluate repairs made to your motorcycle. If we determine that the motorcycle has Diminished Value, we will aggressively pursue compensation from the at-fault insurance company. Call Dan Newlin Injury Attorneys today at 800-257-1822.